Orbital Sciences wins PamAmSat j.v. satellite order

SAN FRANCISCO (MarketWatch) -- Orbital Sciences Corp.
ORB, -1.99%
said Tuesday that a 50-50 joint venture between PamAmSat Corp.
PA, +11.11%
and Japan's JSAT Corp. has ordered one geosynchronous communications satellite. Terms weren't disclosed. The satellite will be based on Orbital's STAR small satellite platform and will be launched over the United States. Orbital said the new satellite is the fifth ordered through its association with PanAmSat.

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